HMM, South Korea’s flagship provider, laid out mid-term growth plans yesterday which is able to see its container fleet practically double in dimension to 1.5m teu by 2030, whereas additionally seeking to double the scale of its bulk fleet by the beginning of the subsequent decade.
In current months, plans to privatise HMM have fallen by way of and the corporate stays majority owned by Korea Improvement Financial institution (KDB) and Korea Ocean Enterprise Corp. (KOBC), each state-backed entities.
HMM mentioned yesterday it goals to amass extra terminals, and is taking a look at bringing ahead its decarbonisation targets from 2050 to 2045.
Final 12 months, HMM branched out, ordering 4 multipurpose vessels, in addition to reentering the automotive provider trades with a triple order in China.
